Photo of Manufactured Home Community
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 6.8%
- Listing ID: 69009
- Posted On: Apr 21, 2011
- Updated On: May 31, 2011
Description
Well-established, clean, Portland metro property. Excellent location close to services. Strong market!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 38 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1987 |
| Average MH Lot Rent: | $505 |
| Size: | 5 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $229,838 |
| Operating Expense: | $61,899 |
| Net Operating Income: | $167,938 |
| Expense Ratio: | 26.9 % |
Lot Information
| Singlewide Lots: | 14 |
| Doublewide Lots: | 24 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |